1. A.W. Phillips, ‘The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957’, Economica, no. 27, 1958, pp. 283–99.
2. H.C. Coombs, ‘Problems of a High Employment Economy’ (Adelaide: Hassell, 1944).
3. G. Harcourt, ‘Macroeconomic Policy for Australia in the 1990s’, in Economic and Labour Relations Review, vol. 4, no. 2, December 1993, p. 171.
4. The term ‘Keynesian’ is used tentatively here as some would claim that this interpretation is such a violation of Keynesian theory that it is misleading to call it Keynesian. Sidney Weintraub, among many, has claimed that Keynes would have been dismayed by the Phillips curve. See his Capitalism and Unemployment Crisis (Reading: Adison-Wesley, 1978), p. 99.
5. John Maynard Keynes, The General Theory of Employment, Interest and Money (London: Macmillan, 1973), pp. 105 and 106.